Property prices for sale in Point (Texas)
The prices in real estate in Point, in the Texas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Point has increased strongly during the last 6 months. In December, the average price per sq.feet was $239. In the following month the price per sq.feet increased considerably to $277. The price for the following two months in (February, March) had a considerable increment of 150 %. The price per sq.feet has had a considerable deflation of 66 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $322.5 to $213 during April, and May.
Based upon to the price in Point (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $480,358. In January This price remains at $476,945. During the following two months (February, March) the average price fell 86 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $446,066.75 to $361,701.5, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $328,334 they are 51 % more affordable than the average price for Point. The properties with the highest average price have 4 bedrooms, Their price is 254 % more costly than the average. After that we have properties with 1 bedroom priced at $379,545.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $135 / sq.feet, with an average $200 / sq.feet price in Point. The properties with the highest average prices have 1 bedroom. They are 254 % more expensive than the average followed by properties with 4 bedrooms with a price at $347 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $328,334 it is 42 % cheaper than the average price in Point. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $325,734 it is 86 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $87 / sq.feet followed by "House" priced at $196 / sq.feet. "Land" is the most costly type of property with a $5,061 / sq.feet cost followed by "House" with an average price of $196 / sq.feet.
